Time Management and Your Successful Business Plan

1 February 2018January 27, 2018

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Time Management and Your Successful Business Plan

In order for your business plan to be successful, you have to abide by certain rules of time management. Although all of us are different in our own ways, there are key rules that apply to us all. Planning is one of those key rules that apply to creating a successful business plan. When we are strategically working to stay organized, it gives us greater control over where our life as well as our business is headed.

When we create a plan, we need to focus on everything that pertains to our lives, including business, family, self, entertainment, meals, and so on. Everything in our lives is connected. If you have disturbances in one area of your life then those problems will most likely disrupt other areas of your life. For example, if you stayed up late to finish some work, you might wake up late and miss breakfast, therefore making it harder to focus throughout the morning. When creating a schedule for your business, it would also be wise to create a schedule for other areas of your life.

A Successful Business Plan Requires Clearly Defined Goals

A great place to start with time management is by setting goals that work with your time management and are also in line with your business plan. Goals are essential for getting ahead and staying in the game of life. This may seem like a no-brainer. However, there is a particular way of defining goals that is in line with a successful business plan.

First, you must decide what your work entails, and plan to work through each activity in a timely manner. I have found that creating a list always helps to plan goals. For example, I decide what my day requires of me, set up a list with the most important task first, and finish the task before moving on to other tasks. There is lovely light reminder regarding both tasks and handling paper in your in-basket. It is ‘Do it, delegate it or dump it! This has been a successful strategy for me and still works today. Typically, goals start off small and work their way into a long-term goal plan. For example, in the next five years where do you see yourself? Long-term goals are often longer than five years, and to set long-term goals, you must ask yourself, where do I see myself in ten years? Once you have a five-year goal, you start working through your daily schedule and list to achieve the expectations of your long-term goals that contribute to your successful business plan. As a rule you can work through your long-term goals while working through your small-term goals, it is important however that you keep focused on the smaller goals. This is why some people work harder than they should, since they strive to get their long-term goals met, without considering a short-term goal. Often these types of plans and goals fail.

Time management is not as difficult as many believe. Rather time management is understanding the value of time, setting up goals, and working hard to achieve these goals every day. If you work long hours, time management could reduce these hours. In the beginning of the week, set out goals you want to accomplish. Make sure these goals are realistic and specific. Then, at the beginning of each day, break those goals into smaller actionable pieces. Keep your goals written down and in your line of sight. Keep your focus on one task at a time. You will notice that the breaking down of your larger goals into small actionable tasks allows your goals to seem less intimidating. If you follow this advice, then the hours you work will be more productive and you will have quality time for your family and yourself.

If you are working in a team, you will also need to include them. Teams that work together often stay together and become successful. The more your team knows about your business plan and your methods of managing time, the greater help they can be in achieving success. Get them on board with your time management schedule. Using online platforms such as Trello and Google Calendars can help your team stay connected and aware of deadlines.

Organization is Important for a Successful Business Plan

Staying organized is also important. You and your team need to be organized in order to contribute to a successful business plan. If you have a plan and find problems with managing your time, it might be because your organizing specifics are flawed. Staying organized also takes skills and knowledge. If you do not know where to start with organizing you might want to look at your desk, and if you see that it is trashed, you know your organizing skills are flawed. Skills come in when you take action to clean up your desk and organize your papers. There are many ways to plan and organize to achieve a successful time management scheme. Start with these steps.

Clean up your desk. This is literal and figurative. Make sure your physical environment is clean and your files are organized. Also make sure your headspace is clear by setting aside time for yourself each day.

Outline your goals. Clearly define the goals that are in line with your successful business plan.

Define a time management plan. Break your goals into actionable tasks that you can complete weekly, daily, and if possible, hourly.

Include your team. Make your business plan and time management plan readily available to your team. Include your team in all of your plans including your business plan and your time management plan.

Redefine your goals. Throughout your business ventures, your idea of a successful business plan may change. Goals will be accomplished and therefore, new goals should be created so growth is continuous. Be ready to adapt.

Stay committed. Keep your focus on those achievable tasks laid out each day. You will notice a positive change when you clearly define your business plan and set up time management practices. Don’t forget the impact these things have on your business. Make them necessary and don’t deviate from your process.

Very best wishes for your every success,

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